Al Harris

Hoop dreams

College teams turned Richmond into Hoopstown, USA, for a brief moment in March, but could the area support a professional basketball team?

Dominion’s discount deal

A D.C. developer just sold a downtown Richmond office building to Dominion Resources for about half what it paid four years ago. The firm is also shopping a prime property near the corner of Boulevard and Broad streets.

Pipeline: Commercial Real Estate Round Up 8.19.11

Cushman & Wakefield | Thalhimer reports the following deals: Villa Park I LLC purchased the 76,164-square-foot office building at 8040 Villa Park Drive in Henrico From Orix Capital Markets, LLC for $4,300,000. Old Dominion Warehouse & Distribution leased 21,496 square feet at 2819 Bells Road in the City of Richmond. TitleMax of Virginia, Inc. leased… Read more »

Basketball academy sues SportsQuest

A Las Vegas-based basketball camp has filed suit against SportsQuest Academy and Tony Tucker, a former employee who now leads sports development for SportsQuest. SportsQuest Academy is a division of the 250-acre sports complex being developed in Chesterfield County. Abunassar Impact Basketball LLC filed the suit in Clark County District Court and seeks an injunction… Read more »

Towing company owner says AAA left him stranded

A former towing company owner is taking on AAA Mid-Atlantic, alleging that the motorist club cheated him out of hundreds of thousands of dollars and cost him his business.

Acupuncture optional

A new chain of senior-focused medical clinics is opening five locations in Virginia.

2 French properties back on track

Two buildings previously owned by convicted tax schemer and former developer Justin French are on their way to becoming apartments.

Richmond: Worst metro area for retail jobs

Bad news for the Richmond retail industry: It’s shrinking. Richmond saw the largest one-year decline in retail jobs out the 100 largest metro areas, according to the latest data from the U.S. Bureau of Labor Statistics. The number of retail jobs fell 6.22 percent over the past year, according to the data, which was analyzed… Read more »